World equity markets remained in go-go mode last month, with US bourses hurtling along at a giddy pace. The S&P 500 Index added another 3.1%, wrapping up the first quarter with a hefty double-digit gain and closing…
China’s main Hong Kong stock market index — the Hang Seng — has nearly halved on net selling by foreign investors since its post-COVID peak. The index is trading at levels last seen 25 years ago and at valuation…
Performance Review — Light at the End of the Tunnel
The Foord International Fund is known for its resilience during market weakness. It is much more likely to lag in bull markets — and last year was no exception. In this article, Managing Director Paul Cluer…
Investors showered US stocks with love this Valentine’s month, spurning bonds. The US S&P 500 Index surged 5.2%, closing above the 5,000 level for the first time. The Nasdaq Composite and Dow Jones indices also…
Unpacking the 2024 Budget Speech: Two top take-aways
Faced with some very harsh realities – from a severely constrained economy and infrastructure challenges to lower commodity-driven revenue and expenditure running well above target – Minister of Finance Enoch…
January marked the beginning of a new year, but it did not herald a change in stock market momentum. US equity markets continued to defy gravity and the US S&P 500 Index again made new highs. Meanwhile, the Hang…
